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Mathematics, 10.12.2021 23:20 JvGaming2001

After an extensive advertising campaign, the manager of a company wants to estimate the proportion of potential customers that recognize a new product. She samples 120 potential consumers and finds that 54 recognize this product. She uses this sample information to obtain a 95% confidence interval that goes from 0.36 to 0.54.True or False: the parameter of interest to the manager is the proportion of potential customers that recognize the new product. a. Trueb. False

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